Is 46142, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 46142 has remained a Seller's Market.
Housing Prices in 46142, IN
How much do homes in 46142, IN cost?
Median Sold Price
$300,000
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 46142 was $300,000 in March 2024, up 0.1% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $138.5K | $166.5K | +20.2% |
2 Bedrooms | $205K | $240K | +17.1% |
3 Bedrooms | $290K | $274K | -5.5% |
4 Bedrooms | $360.6K | $347K | -3.8% |
5+ Bedrooms | $582.5K | $370K | -36.5% |
Summary: 46142 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.2%, 2 bedroom homes increased by 17.1%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 36.5%.
Housing Supply in 46142, IN
How many homes are available in 46142, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
96 | 96 | 0.0% |
Summary: The 46142 real estate market had 96 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 39 | 37 | -5.1% |
4 Bedrooms | 32 | 30 | -6.3% |
5+ Bedrooms | 21 | 25 | +19.0% |
Summary: The 46142 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 19%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
28 | 31 | +10.7% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in 46142 in March 2024, up by 10.7% month-over-month. Of the 31 sold homes, 48% were sold under asking, 39% were sold at asking, and 13% were sold over asking.
Days on Market for 46142, IN
How long does it take to sell a home in 46142, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
53 Days | 35 Days | -34.2% |
Summary: Homes in 46142 had an average of 35 days on market in Mar 2024, down by 34.2% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 31 homes were sold in 46142; 61% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.